Electro Corp Sells a Refrigerator and a Freezer as a Single

question 41

Multiple Choice

Electro Corp sells a refrigerator and a freezer as a single package for $1120.Other data are in the chart below.

Using the stand-alone method with stand-alone product revenues as the weight for revenue allocation,what amount will be allocated to the refrigerator? (Do not round any intermediary calculations. )

• A)$503.03
• B)$647.58
• C)$472.42
• D)$560.00

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Definitions:

Variance

A statistical measurement of the spread between numbers in a dataset, indicating how much the values differ from the average.

Variables

Elements, factors, or conditions that are subject to change or variation within a study.

Confirmatory Factor Analysis (CFA)

A statistical technique used to test the hypothesis that a relationship between observed variables and their underlying latent constructs exists.

Cross-validation

A statistical method used to estimate the performance of a model by partitioning the data into subsets, training the model on one subset, and validating it on another.